168 Pearl Street is a four family brick building located in the sought after Chelsea Submarket near Boston which consistently is one of the strongest rental markets in the entire Metro. This property consists of (4) 1 Bedroom/1 Bathroom units. The building is currently 100% occupied and with all units on Tenant-At-Will Agreements. This commuter location provides easy access to Logan Airport, Downtown Boston and Cambridge/Somerville. The MBTA Bus Line is a short walk from the property.
Multi-familyProperty Type
1910Year Built
1,743 sq ftLot Size
$370Price/Sq.Ft.
Listed by Evan Griffith• Marcus & Millichap Real Estate Investment Services
Listed by Evan Griffith• Marcus & Millichap Real Estate Investment Services
Downtown Chelsea Residential District, located between Chelsea Square and the Mystic River waterfront, is a historic and walkable Chelsea neighborhood with brick mill architecture and pocket parks. The neighborhood’s character concentrates around Broadway at Everett Avenue, where taquerias, bakeries, barbershops, and small markets keep the sidewalks in motion. Anchors like the Chelsea Theatre Works, the Chelsea Clock Company building, and the Chelsea Public Library give the district a civic, creative pulse. Triple-deckers and compact apartment blocks line side streets, while older commercial facades frame the main corridor. Mary O’Malley Park and the waterfront paths add open-air breathing room. Silver Line service at Chelsea Station links the district to the region’s transit grid.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bathroom
Bedroom
Living
Interior features
Twelve total rooms
Partially finished basement
Bathrooms
Four full bathrooms
Exterior features
Corner lot
Home design
Four-story 4-family property
Each of two listed units is one floor/one level
Parking
No open parking spaces reported
Construction
Concrete perimeter foundation
Built according to public records
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the BR district is to provide a downtown area with the range of business sales and services which generally constitute a central business district with the aim of promoting enhanced commercial identity, vibrancy, and pedestrian activity.
Zone overlays
WIRELESS OVERLAY DISTRICT
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Bank
Day care facility
General retail
Restaurant
Housing-Multiple units
Lodging-Full service
Mixed use building
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Chelsea, MA • 02150
Average low and high temperatures (°F)
34
22
37
24
51
34
58
42
68
52
79
63
84
69
78
63
73
60
64
49
53
40
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 168 Pearl St
$1,091,789
$33K under list price of $1.13M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $895K to $1.2M.